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hike. >> i disagree with that. >> you're still fighting that fight? >> look, the big grand bargain is still on the table. that deal is there if the speaker wants to return to the table and negotiate it. we came very close. the president and the speaker did. and that opportunity still exists. secondly, the helpful proposal senator reid put out does not include up front the tough issues of entitlement reform or tax reform, it creates a committee that would look at those issues on a fast-track basis by the end of the year. that's not possible, we prefer one that does it all at once. however this turns out if we don't get the tough issues addressed because they're essential to address the deficits and long-term debt we're going to return to the debate. the public support balanced approach. it's not the right way to do this if we don't ask sacrifice from everybody. not one sctd sector 0 a limited number of sectors from the society. >> last night it was said, voice support for a bipartisan deal. let's listen. >> the american people may have voted for divided government, but they didn't v
of the substance of the proposal, it's too big. there is no time to get something this big done before the august 2 deadline. it literally cannot be passed through the senate in time even if everybody likes it. the other rainbow/sunshine problem here is the president and the senate agreeing on this or anything doesn't get you further towards raising the debt ceiling, it's not just the president and the senate, it's crazy town down the hallway too, it's john boehner's republican house, that likes the idea of the nation defaulting, that thinks the explosion of the economy might be pretty or at least warm for a second. they are not looking for a good deal or achieve particular policy objectives, regardless of what they get, they are not going to vote to raise the debt ceiling. the republicans who are running for president from the house of representatives, for example, are not saying don't raise the debt ceiling unless, don't raise the debt ceiling until, they are saying don't raise the debt ceiling at all. let's see what happens. this is how republican congresswoman michele bachmann's first president
big push for the big cuts republicans say they want. if they turn their back on those big cuts, the president is in the strongest position to say they are not living up to their rhetoric. let alone their principles. >> and there is no chance of them accepting any kind of big deal at all because the president is insisting that there be tax revenue increases in there. so the president knows that he is pushing something that they absolutely cannot agree to. so at this point, what the president does seem to be doing is what you just said, is making his position appear to be the one who wants to do the big move on deficit reduction and forcing these republicans to back away from big deficit reduction, thereby, he hopes, neutralizing deficit reduction as an issue against him in the presidential campaign. >> well, look. he's talked about deficit reduction all the way through. but remember, it's not just his position here. it's two thirds of the american public. we have a slew of polls here saying that two thirds of the american people want to see some combination of taxes and spending
because of the economy being so precarious. does that mean we're going to have to push the big changes to deal with the deficit and debt, going to have to go down the road a bit and to the long term, maybe more than ten years? >> chris, i don't know about more than ten years, but certainly as you know, simpson bowles, senator simpson and former chief of staff erskine bowles, in their report they proposed making substantial cuts, raising revenues and across the board with all items of expansion. but they said in the near term, meaning the next year of so, we need to be very careful that we did not have the opposite effect by dampening down the struggling economy, obviously, as we saw today, which will decrease revenues and make the problem worse, not better. so in the short term, i agree with the bowles/simpson suggestion that we be very careful in the short term. there's no doubt, however, in the white house yesterday, or thursday -- yesterday -- there was a clear agreement that this was a serious, serious challenge that confronted us and it demanded at all of us try to come together a
have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> howard dean, look wh
.m. this meeting last night came after word of a potential deal and a pretty big deal after word of a potential deal really stole the headlines yesterday afternoon and overnight. this would be, as i said, a pretty big deal. $3 trillion in deficit savings over ten years. and we only have a rough sketch of it. what is interesting, don, as you said, the white house is shooting this down. they say there is no deal. we heard jay carney shoot this down yesterday. the speaker's office is saying there is no deal but we have from congressional sources who are speaking on anonymity there is a framework. at 10:00 a.m. we will detail what the sources are telling us is in this potential agreement. >> only 10 1/2 days. thank you very much. we will be coming back to you throughout the day. >>> among an already crowded field of gop presidential candidates, a new cnn/orc poll suggests that texas governor rick perry may want to throw his hat into the ring too. mr. paul steinhauser joins us live from washington. >> rick perry is thinking about jumping into the white house and could do it. stay tuned on that. the
tough choices for a big budget deal. today he said without a deal there may not be enough money to send out social security checks. for many republicans in congress, opposing tax has become more than ideology. it's become religion. they're abdicating now their responsibility to co-govern. how are we ever going to get a deal if republican leaders more afraid of the tea party than they are of the economic collapse to come? >>> also, pray away the gay. michele bachmann's husband says the christian counseling practice he runs does not try to pray gay straight, but the video tells a different story. this may make michele bachmann more popular with her base, but what after everyone else? >>> plus, the murdoch scandal keeps getting bigger and bigger. gordon brown told the bbc that murdoch people used known criminals to get access to his personal information and try to bring down his government. the story has now hit the "sunday times" of london and his company stock is sinking. how bad will this get? jon stewart and british ex-pass had fun, a lot of fun, actually, with the murdoch story. that'
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
,000 donors. >> willing to go big here. >> a shock and awe report. >> what a juggernaut this was for the president. >> mr. mcconnell said the day i was elected president, to see me beat. >> now i'm not the only one who knows the president is winning. >> republicans don't have a chance. >> mr. mcconnell who waves the white flag. >> mcconnell squawks, boehner balks, and cantor woes. >> trying to win the spin game. >> the senator republican leader says hey, i got this other nifty back-up plan. >> this is a complete betrayal of the tea party. >> let's be in a position to blame president obama. >> mitch mcconnell trying to become senator majority leader. >> tea party republicans are not exactly on the same page. >> inmates are truly running this asylum. >> we cannot go on scaring the american people. >> piece of legislation. >> this is a misnomer. >> as i fumble for the acronym, it guarantees to keep the promise. >> continue to be challenged by pledges they just can't keep. >> there's something out there called the marriage vow. >> michele bachmann, who attempted to explain w
their arguments outside rather than keeping them inside the room. the president wanted the big deal, john boehner it seemed wanted the big deal, and it's very clear that that is not likely to happen. so at this point the president had his press conference yesterday. he said, you know, i'm the grownup in the room here. we each need to give a little on something. he said, by the way, if we don't agree, guess who will sufficiensufficiener? the american people. >> you mentioned spooking the american people. i saw a poll today and i'm sure the white house saw it as well. in it it showed americans are more worried about raising the debt limit than they are about the government defaulting. could the statement by the president be, i don't know, a calculated effort to warn the country, talking about millions who don't get the checks about the severity of this government default? >> absolutely. i think the president is now starting to say, okay, and we're getting a little into the blame game now. okay, if the government defaults, you're not going to get your social security checks and your veterans benefit
the heat from the right. he still wants the big deal that would include perhaps cuts in medicare, medicaid and even social security, and with them tax increases. john boehner responded quickly. no to any tax increases, period. well, my question tonight, do republicans want to deal with really tanking the economy to say no to taxes? the face of the deadlock. the president said both sides have people who refuse to compromise. tonight one from each camp. democrat and tea party republican. i'll ask them what price they'll will be to see the country pay so they can stick to their positions. >>> also, not so excellent adventure. both michele bachmann and rick santorum signed a so-called marriage vow from a conservative group that suggested african-americans had a better family life under slavery. who writes this stuff? and worse yet who would sign on to such stuff? by the way, bachmann leads the pack in a new iowa poll, and a scandal keeps getting bigger. a report the tabloid targeted former prime minister gordon brown's voicemail and bank account. how far will this scandal go? and let me finish
. republican congresswoman michele bachmann is in iowa, home to the iowa caucuses. the first big election event in 2012. cnn's shannon travis is the only reporter to speak with bachmann today, and he asked her why iowa is so important. >> iowa's the first in the nation. it's very important to be here and have a presence here because the values and the opinions that people have in iowa count. they count for the nation. so it's important that we come here. had is the bread basket of the world for a reason. this is where the food is grown, we have the best farmers in the world here in iowa. so it's important to come and listen to what people have to say in iowa and take that message back to washington, d.c. >> michele bachmann has been on a roll recently joining mitt romney in a recent iowa poll. she officially kicked off her campaign in iowa last month. >>> 4th of july celebrations in minnesota have been scaled down for this weekend. state parks, the state zoo, even race tracks are all closed right now. a budget stalemate has shut down almost all of minnesota's state business. closed signs went u
is the big bad government is a threat to us. the consumer protection bureau as most americans understand is the government protecting them from abuse by private financial institutions. and they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. and that's why we are fighting so hard for it. >> congressman barney frank, democrat of massachusetts, ranking democrat on the financial committee. thank you for your time tonight. >>> texas governor, and gonna run for president guy, rick perry made a very surprising decision today that is going to upset some of his most ardent supporters. i'll tell you about it with a smile when i come back. k of pos. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of
, they are worried about their candidates. >> we will stand, because we serve a faithful god. >> i think it's a big mistake for governor romney. >> there's a move afoot to try to blame george w. bush. >> to make an informed decision and then come back to talk to us. >> good evening from washington. two week's notice, that's what president obama gave congressional republicans late today, two weeks to reach an agreement on deficit reduction and raising the debt ceiling to avoid what would likely be a catastrophic default. the president said he won't accept a short-term deal and invited republican leaders to join his previously-scheduled meeting with democrats on thursday. he restated this is an opportunity to "do something big to reduce the debt." >> to get there, i believe we need a balanced approach. we need to take on spending in domestic programs, in defense programs, in entitlement programs, and we need to take on spending in the tax code. spending on certain tax breaks and deductions for the wealthiest of americans. this will require both parties to get out of our comfort zones, and both partie
. the one entity that could cut them out are heading towards cuts of their own, big ones. this, which we thank local and state government for, that's what republicans are insisting be brought now to washington. >> i think the situation we face is pretty urgent. as a matter of fact, i would describe it as dire. we have three really big problems, we have a spending problem, we have a debt problem, and we have a jobs problem. >> that's why i believe he went on to say it is important for us to fundamentally fix our spending problem and our debt problem and help get our economy moving again. so three problems, spending problem, he says we should fix that. debt problem, he says we should fix that. jobs problem, yeah, we sure have one of those. why doesn't he say we should fix that one too? john boehner said he's ready to fix spending and the debt but those two will just magically fix the jobs thing too? that doesn't need fixing on its own, it fixes itself? so far, anyway, that magic is not working out so great, president obama plans to meet with republican lawmakers again this weekend on sunda
us. we have a congressman here to talk about the democrats and their negotiating position in the big debt ceiling fight in washington. whether or not the white house really just put social security and medicare on the table for cuts. that is all ahead. but we start tonight with a dramatic development in a life or death issue. it is literally about life and death. about the power of the government to kill people it is holding prisoner. but it's also about presidential politics, and who will be the republican party's nominee for president this year. there are two unquestionable truisms in coverage of republican presidential politics right now. one is that the prohibitive favorite to get the republican party's nomination, the front-runner so far out in front it is almost impossible to imagine anyone catching him is mitt romney. mitt romney seen here at the romney fundraiser today in london, england, of all places. mr. romney leads in all scientific international polls at this point, in all iowa polls, new hampshire polls, and in fundraiser. he is the front-runner and is front running al
and boehner plans, the big difference is the boehner plan forces us to raise the debç ceiling again and forces us to accept a $1.8 trillion or more in cuts from the so-called super commission, and if we don't do it, we go through another crises. he also demands a vote on the budget amendment. i think you could get something more rational to incentivize another plan down the road and have something with enough pressure coming from the markets, both parties could vote for. >> you make it sound like if reasonable people had a conversation about this there might actually be a solution, so thanks for being on and talking with us today. >> glad to be here. >> that was ezra klein, columnist for "the washington post" and bloomberg and also an msnbc policy analyst. thanks so much. >> thank you. >> now, ask yourself, would you -- no, not you, nancy. would you want john boehner's job right now, trying to placate a gaggle of angry tea partiers and stave off an economic calamity at the same time? i suspect there are moments even he doesn't want this job, but he's got it, and we need john boehner to get bet
's talk about some of the big issues right now. jobs, jobs, jobs. it's a crisis, a game of chicken going on in washington right now between the president, the did democrats on one side, republican leadership on the other side. how big of a deal is this august 2nd deadline for raising the debt ceiling? >> well, because i haven't been in government in a long time, i don't know what options the treasury department will have if the debt kreceiling is not lift. my guess is they can pay the bills for a while, after which they won't be able to. so if we let that deadline come and go and we really raise questions about when or political system is mature enough even to pay its bills, i think it's trouble. i realize the idea of voting against raising the debt ceiling has always had great appeal to people. even in good times, a bunch of people vote against raising it because it looks like a free vote. >> when he was senator, president obama didn't vote to raise the debt ceiling. he regrets it now. >> but, you know, when you're not president and you think the vote's there, seems like a freebie and y
us say good morning to reynolds wolf here now. big holiday weekend. you have the eye on the weather but also fireworks. isn't it illegal --? >> some states, depends on where you are. some states in our country where you can have almost like an arsenal, shoulder rocket missile and hey, fourth of july, let's go. you have to use common sense out there. we tell the story every year of people getting out there being careless and get hurt. supposed to be a festive wonderful holiday but people get a little careless, according to the u.s. consumer product safety commission there were three fireworks related deaths and again, it happened all last year. more than 8500 people had to be taken to the emergency room because of firework injuries. some of the tips to prevent things from happening to you or your family. >> and this is amazing to hear 8500 people are injured with fireworks. but here are some of the things. kind of common sense don't allow young children to play with or ignite the fireworks. always have an adult supervise the fireworks activities. sparklers seem innocent enough but ca
care a lot about. they have basically yielded to republicans on a big conceptual point. linking, lifting the debt ceiling to spending cuts and -- >> two things republicans still want. a dollar for dollar cut in spending to match a debt ceiling increase and a trigger mechanism for a balanced budget amendment. holding out ideologically. speaker boehner when asked about the reid plan earlier. let's listen. >> i believe that the plan is full of gimmicks. we're not making any real changes in the spending structure of our government, and it doesn't deal with the biggest drivers of our deficit and our debt, and that would be entitlement programs. >> the republicans-- >> they're not touching that either. putting it to the side now. >> how can he say that, then? >> they have forgotten the number one rule of hostagetaking. when the other sides gives into your demands you let the hostage go. i don't think they're interested in doing that. at least 100 members on the house republican side want to blow up the economy because they think they will save the economy. >> and they're certainly wil
that it isn't that big of a deal have made themselves look pri instrahan gent. if we do go to doomsday on this, the hope is people that get blamed will be the republicans. >> that's option 2. that's default. i've given you two options. >> it's not default if we don't stop sending out the checks. if we keep sending out the checks, it's not default. we didn't default in '95. we just got near to it. >> does the president then say, okay, i'll agree to the republican plan? what's the third option besides default and defeat? how does he force his point of view, which is a reasonable balance, two or three to one, spending cuts to revenue hikes. >> i have no idea. i should say they're talking four or five to one. >> how do we get to there then? >> he can't. on his own we simply cannot. we live in a country, the constitution, the constitution has ultimate power. a lot of people think he could ignore them by asserting constitutional authority, but that is really dependent on the supreme court. >> am i right that it depends on one man, john boehner, speaker of the house, will have to deliver the votes he
. and they feel that the democrats have an ideological commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table and if as you say the president could have brought nancy pelosi along -- i agree with you i think he could have -- the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to $1 trillion of tax increases is an awful big deal for a party that all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually end up getting what they wanted and what they wanted never materializes. >> there's a big difference between that and nothing. >> i agree. [ overlapping speakers ] >> so david, wh
on cutting a big deal to take us through five to ten years, not just five or ten weeks. the problem, it seems to me, yesterday was a good example of it. you have questions tweeted to the president of the united states, questions delivered from the real world about housing problems, about i'm losing my house, my mortgage, what are we going to do. not policy questions from washington media members. the problem is that the president is dealing with a number of people who don't live in the real world. for example, eric cantor. no matter how many times he's been on and how many times we talk about rescinding the bush tax cuts, he calls it a tax increase. go to the grocery store and milk is on sale for $3.25. the next week it goes up to $3.75. it's not a hike in price, it's reverting back to the original price. they don't live in the real world. they just don't. >> he'll be on this morning so you can ask him again. >> we will ask him again. >> i would like to ask him what it is they offered yesterday that was different. the president talked about boehner's question being skewed. i put the question
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was in favor of doing the big deal, i was in favor of the $4 trillion in deficit reduction, but the republicans refused because they wanted to protect tax breaks for corporate jets and tax breaks for hedge fund operators and wall street billionaires and i bent over backwards. he says that all the time, i bent over backwards, but they wouldn't do it. they kept insisting on ending medicare as we know it and cutting social security. there is so much more to come in the debt ceiling drama, but as of tonight, the republicans are coming increasingly close to giving the president everything he really wants in this crisis and everything he really needs to be able to say in his reelection campaign next year. joining me now is former governor howard dean, former chair of the democratic national committee and a cnbc contributor. thanks for joining me tonight, governor. >> lawrence, thanks for having me on. >> you know, when this crisis started and we started hearing tea party people saying forget it, let the nation default, i really saw no root to how the president could even get to where he is tonight. i
committed to a big deficit reduction package because he was always going to include something that was impossible for house republicans? >> but that was -- this is where i bang head on table, right? because i am -- i'm basically a right wing person and if i can get a deal where you preserve the infrastructure of tax rates, you give up something on deductions, schedules, and credits, and you get a democratic president to say i'll go first on medicare, i'll squeeze the providers, or i will make some changes on social security, it won't work when george w. bush leads, but when a democrat leads, okay, but you have to agree in this 1 in 6, 1 in 7 thing that you don't like. i say let's explore. and the president on health care and now again on this debt ceiling, as you say, he may have been very insincere and counting on republican intransigence to save him from his words, but the words were said, the door was there. this could be the moment where republicans got a lot out of a president who asked only a little from them, overconfident they'd say know. we now see he's rightly confid
our military is too big. by the way, people call it this military, hands off. it's not military. it's defense contractors, welfare for people who make weapons that we don't need. most of our weaponry is ridiculous. it's for fighting the russians in 1978. we don't need that. what would make this country stronger is economics. that's where the future is. that's what makes a country strong. if you're not strong economically, you're not going to be- >> that's where america is increasingly weak by comparison. >> this is one reason. we could solve this debt deficit problem if we do two simple things. tax the rich like they were taxed, not a hell of a lot more, just like under clinton. and bring the troops home. not just from iraq and afghanistan but we have a half a million troops on bases. >> how many do chinese have? >> none, i don't think. >> may have hardly anything, they have no imperialistic ambition. >> this is not the way you achieve it in this world. not the 14th century. >> i was in shanghai. this dinism you felt. this young millionaire, 125,000 millionaires in shanghai. he said
>>> well, the big story today, the real debt debate. good afternoon to you. happy monday to you. i'm name dylan ratigan and we have a major lineup for you today combining the powers of msnbc, the newly revamped dylanratigan.com and the huffington post to bring you a real conversation a way from the washington talking points. in the show today -- a d.r. exclusive with one of the true conservatives in this nation that i respect. senator tom coburn on the whys and hows behind higs new plan to save $9 trillion and more importantly seek to establish true confidence in america's political and economic problem-solving systems. also today a look at the real dheel would replace the taxes and austerity debate with tree structuring versus taxes and austerity as it may be the only solution that could not only save america but the world from long-term financial ruin. but it's a debate neither president obama nor republican leadership wants to touch. >>> before we step away, though, for senator coburn, let's look at what the rest of the lawmakers are doing, calling it the congressional two-step.
at here, is there this broader pattern, if so, then this could become part of that. >> and big surprise, a very, very sharp contradiction in james murdoch's testimony plays out today. and the murdoch response was basically no response at all. >> right. you know, the interesting character to watch there is tom crone, the lawyer. he's made clear that he's not going to be the fall guy here. and if they -- if the murdochs and news corp. try to lay everything on him, because he was the chief lawyer for "news of the world," he's not going to sit idly by. so if the brits are looking for a john dean character in all this, i would think that tom crone is the guy to watch, and the statement today contradicting james murdoch's testimony about that email is the first sign that he may in fact be willing to go there. >> nbc news national investigative correspondent michael isikoff. thank you for joining me tonight, michael. >> thank you, lawrence. >>> coming up, virginia governor bob mcdonald flip flops on the debt ceiling, even though he never actually understood what the debt ceiling was in the fir
to go with big spending cuts in revenues. makes no sense. >> i think the president, i said earlier, has leverage at this point because republicans depicted themselves as hostage-takers ready to blow things up and the public doesn't like this. they stood their ground. pat's right about that. the tea party people would be happy to see $100 billion cut out of the next budget which is in the bill that's up this week, even if that leads tos 700,000 lost jobs. happy top do safety inspections, environmental protection. this is what they want to do and stand by -- >> let's get back to reality. back to reality -- >> no. this is the reality, pat. >> david, what about -- >> david, hold on. let pat make his case. >> let me ask you this, chris. the republicans, say the mcconnell plan has a trillion or a trillion and a half in budget cuts in it. >> i don't think it does. >> in the house it passes. they send it to the president. he's going to veto it, shut down the government and puts if default? come on. >> the whole idea, mcconnell's, separate cuts from spending -- separate the ideological war faire
Search Results 0 to 49 of about 52 (some duplicates have been removed)